The Department of Economics at Northern Illinois University offers graduate programs leading to M.A. and Ph.D. degrees in economics. Our graduates have obtained academic appointments in colleges and universities throughout the U.S. and in many foreign countries. They also hold a variety of responsible public and private sector positions.
Students in both the M.A. and Ph.D. programs are required to take a set of core courses in mathematical methods, econometrics, and micro and macro theory. In addition, courses in several applied areas are offered, enabling students to pursue particular interests or to prepare for specific career objectives. Especially emphasized are labor economics, public economics, and financial economics, as well as econometrics and statistics. An agreement with the Division of Statistics makes it possible for students to earn an M.S. degree in probability and statistics while completing their Ph.D. in economics. There are no foreign language requirements in either degree program.
Many graduate students are awarded research and teaching assistantships during their stay in the program. Apart from providing students with financial support, the assistantships provide valuable research and teaching experience.
In cooperation with the Graduate School, each year the department sponsors several seminars by prominent economists on topics of current interests. An internal Research Colloquium offers graduate students and faculty an opportunity to present the results of their current research. All doctoral students are required to report on their dissertation research.